As read on http://fedoraproject.org/wiki/PackageMaintainers/RetiredPackages , it is replaced by net-libs/telepathy-glib, and looks like only old net-im/telepathy-mission-control versions requires it. Thanks Reproducible: Always
Also here: http://telepathy.freedesktop.org/wiki/Components under "older libraries" the following is told: libtelepathy: A GLib library to ease writing Telepathy clients in glib; deprecated in favour of Telepathy GLib. releases
I can also confirm with my upstream hat.
Done.